Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, May 30, 2024.

Dow Jones U.S. Banks Index (INDEX:DJUSBK)

Weak Downtrend (-65) - DJUSBK is showing signs of a strengthening downtrend. Monitor DJUSBK as it may be building momentum to the downside.

Is it time to buy, sell, or avoid DJUSBK?

MarketClub looks at technical strength and momentum to determine if the timing is right for DJUSBK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_DJUSBK
Open High Low DJUSBK Price Change
542.86 543.89 538.72 542.34 -6.52
Entry Signal

MarketClub’s Trade Triangles for DJUSBK

long term up The long-term trend has been UP since Dec 1st, 2023 at 441.28

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 539.99

short term down The short-term trend has been DOWN since May 20th, 2024 at 558.74

Smart Scan Analysis for DJUSBK

Based on our trend formula, DJUSBK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for DJUSBK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
542.86 543.89 538.72 542.34 -6.52
Prev. Close Volume Bid Ask Time
542.34 155487416 2024-05-29 17:39:41
52wk High517.8452wk High Date2018-01-29
52wk Low419.3152wk Low Date2018-10-24
Get a free daily analysis and signals for Dow Jones U.S. Banks Index (DJUSBK) - Request Your Free Report.